Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how long does it take for an investment to double

How long does it take for an investment to double in value if it is...

70.2K

Verified Solution

Question

Finance

image

How long does it take for an investment to double in value if it is invested at 17% compounded monthly? Or compounded continuously?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 NO(g) + Cl2(g) --> 2 NOCl (g) Two proposed mechanisms for the reaction are given...

Chemistry
Q

Blossom Corporation, a private corporation, was formed on July 1, 2018. On July 31, Guy Gélinas,...

Accounting
Q

Which ONE of the following statements about deviance is correct?(a) Deviant behaviour is that which...

Biology
Q

Graph the logarithmic function below by moving the key point y log x You can...

Calculus
Q

Dual journal transactions are another form of communications. Dual entry explains how an asset was...

Accounting
Q

Adjustments and additional information 1. Stocktaking on 28 February 2023 revealed the following inventories:...

Accounting
Q

A final inventory count on March 31,2022 revealed that 56.8 million worth of inveatory at...

Accounting
Q

Following is information from Fredrickson Company for its first month of business. Journalize the...

Accounting
Q

Can someone do the Cash Dibursements Budget? Ls...

Accounting
Q

9. An unfunded pension liability is reported on the balance sheet as a. owner's equity...

Accounting
Q

Northwest Fur Co. started 2021 with $100,000 of merchandise inventory on hand. During 2021, $470,000...

Accounting
Q

Question 9 10 pts Term The Dow Jones Industrial Average had the following annual returns:...

Finance